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5220 E Broadway Long Beach, CA 90803
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Key Details
Sold Price $1,885,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW24057750
Sold Date 06/05/24
Style Traditional
Originating Board California Regional MLS
Year Built 1943
Lot Size 9,143 Sqft
Property Sub-Type Fourplex
Property Description
Beach close location! location! location!!! Welcome to your opportunity to own a piece of paradise in the coveted Belmont Park/Heights area of Long Beach! This charming 4-unit income property sits on a spacious lot spanning nearly 10,000 square feet and is located just a few blocks from the beach, while offering an unparalleled coastal lifestyle. Two of the four units feature newer carpeting and paint, ensuring a fresh and inviting atmosphere. With 2 two double car garages, there is ample parking for tenants and visitors alike, a rarity in this sought-after area. The property features a newer roof, adding to its appeal and minimizing maintenance concerns for the fortunate new owner. This property exudes incredible potential, whether you're an investor seeking to maximize rental income or an owner-occupant looking for a prime location to call home. Take advantage of the spacious lot to build additional units, offering even greater revenue potential. Or, combine two units to create a luxurious owner's unit, complete with all the amenities you desire. Other possibilities include multi generational living quarters or Create a spacious home in the front portion of the property and units over. the garages. The possibilities are endless! The exceptional location of this property is tru
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Rooms
Kitchen Other, Oven - Gas
Interior
Heating Floor Furnace , Wall Furnace
Cooling None
Flooring Other
Laundry In Laundry Room, Laundry Area, Community Facility
Exterior
Parking Features Garage, Common Parking Area
Garage Spaces 4.0
Pool None
View Local/Neighborhood
Roof Type Shingle
Building
Lot Description Irregular
Foundation Raised
Water Hot Water, District - Public
Architectural Style Traditional
Others
Tax ID 7249012004
Special Listing Condition Not Applicable
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Bought with Robert Martin • Compass